Thursday, September 19, 2013

As with other luxury items, the demand
for luxury condos does not decrease with increasing prices. Instead their value
is enhanced, attracting investors who are looking for properties in the luxury
market. Buyers of luxury condos naturally want to make sure that they get the
best value for their money, and thus look for features that rightly place these
properties in the luxury class.

As with any other real estate
property, location is a prime consideration when valuing a luxury condo. It
will need to be situated in a highly secure area, but with convenient access to
the necessities of its residents, such as schools and offices. Needless to say,
the location has to be a well-kept and maintained area. A condo unit's
placement in the building can also affect its value, with penthouse units
typically considered the most luxurious. A good view from within the unit also
helps to enhance its value.

A luxury condo naturally has to have
the right size, and good interior planning and design. Spaciousness is another
feature of most luxury condos. A smaller-spaced luxury condo needs to be built
such that it still affords the resident ample room to move around, and does not
appear cramped or boxed-in.

Another feature which sets luxury
condos apart from the others are the amenities provided in the condo. Exclusive
pools, gyms, and gardens are some of the facilities offered by most luxury
condos. Others provide extra services such as valet parking and housekeeping.

0
comments:

My Google+ Profile

About

Vancouver luxury property real estate agent and well-known local former restaurateur Jean Séguin gained his Vancouver real estate acumen from the ground up. Mr. Séguin dove into the world of real estate in 2001 as an investor. Making several successful Vancouver Real Estate deals to build up his personal capital. Visit http://vancouvercanadahomes.com/ for more details.